The company reported standalone net profit of Rs 48.39 crore for the quarter ended December 31, 2018 as compared to Rs 39.03 crore in the same period last year, registering a year-on-year growth of 23.98 per cent.

Net revenue of the company rose substantially by 22.37 per cent at Rs 1,087.49 crore in October-December quarter of this fiscal as against Rs 888.66 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 20.57 per cent to Rs 969.81 crore from Rs 804.36 crore in year ago period.

Other Income dipped by 84.43 per cent at Rs 1.14 crore versus (Dec'17 Rs 7.32 crore).

Operating Profit surged by 39.58 per cent to Rs 117.68 crore as against Rs 84.31 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 14.01 per cent in December quarter.

Interest grew by 38.05 per cent y-o-y to Rs 34.72 crore, while Taxation increased by 41.37 per cent at Rs 27.20 crore (Dec'17 Rs 19.24 crore).